Business, 14.03.2020 04:53 natishtaylor1p8dirz
Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now only $4 per share. It is going to employ a one-for-six reverse stock split to increase the stock value. Assume Dean Smith owns 108 shares.
a. How many shares will he own after the reverse stock split? (Do not round intermediate calculations and round your answer to the nearest whole number.)
Number of shares
b.
What is the anticipated price of the stock after the reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places.)
Anticipated stock price $
c.
Because investors often have a negative reaction to a revere stock split, assume the stock only goes up to 80 percent of the value computed in part b. What will the stock’s price be? (Do not round intermediate calculations and round your answer to 2 decimal places.)
Stock price $
d.
How has the total value of Dean Smith’s holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price.(Input the amount as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places.)
Dean Smith’s holdings
$
Answers: 3
Business, 22.06.2019 00:50
cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units
Answers: 1
Business, 22.06.2019 04:00
The simple interest in a loan of $200 at 10 percent interest per year is
Answers: 2
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
Business, 22.06.2019 11:30
Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now onl...
Mathematics, 25.07.2019 12:00
Mathematics, 25.07.2019 12:00
Chemistry, 25.07.2019 12:00
History, 25.07.2019 12:00
Business, 25.07.2019 12:00
Mathematics, 25.07.2019 12:00
Geography, 25.07.2019 12:00
Mathematics, 25.07.2019 12:00
Chemistry, 25.07.2019 12:00